The worldwide smartphone market grew 23.1% year over year in the second quarter of 2014 with a total of 295.3 million shipments with Samsung maintaining the lead followed by Apple, according to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.
[blockquote right=”pull-right”]Samsung continued to top the smartphone market in the second quarter of 2014 but with a 7% loss in market share compared with the same period in 2013. It made 74.3 million unit shipments, representing 25.2% of the market as against 77.3 million units, which represented 32.3% of the market during the same period in 2013. According to IDC, Samsung saw the Galaxy S5 ship millions of units this quarter, despite the criticisms leveled at it, while S4 and even S3 volumes remained strong as more affordable alternatives. [/blockquote]
According to the US-based technology market research firm, following a very strong first quarter, the market grew 2.6% sequentially. This was fueled by ongoing demand for mobile computing and an abundance of low-cost smartphones.
“A record second quarter proves that the smartphone market has plenty of opportunity and momentum,” said Ryan Reith, Program Director with IDC’s Worldwide Quarterly Mobile Phone Tracker. “Right now we have more than a dozen vendors that are capable of landing in the top 5 next quarter. A handful of these companies are currently operating in a single country, but no one should mistake that for complacency – they all recognize the opportunity that lies outside their home turf.”
Samsung continued to top the smartphone market in the second quarter of 2014 but with a 7% loss in market share compared with the same period in 2013. It made 74.3 million unit shipments, representing 25.2% of the market as against 77.3 million units, which represented 32.3% of the market during the same period in 2013. According to IDC, Samsung saw the Galaxy S5 ship millions of units this quarter, despite the criticisms leveled at it, while S4 and even S3 volumes remained strong as more affordable alternatives.
Apple came second in the quarter, with total shipments of 35.1 million units, representing 11.9% of the market. Huawei comes next, with 20.3 million unit shipments, representing 6.9% of the market. Another Chinese manufacturer, Lenovo, makes the top five list, taking up the fourth position with 15.8 million unit shipments and 5.4% market share. LG comes fifth with 14.5 million units shipments and 5.4% market share.